Latam Daily | Brazil’s current account deficit narrows in May
Published on Tuesday, June 23, 2015
Latam Daily | Brazil’s current account deficit narrows in May
Summary
In the year to date the deficit is 20% lower than in the same period in 2014 demand, due to an improvement in the trade, services and income accounts. We expect the annual current account deficit to decline to 4.2% of GDP at the end of 2015.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci